Business & Market 🇨🇳 24.07.2026 14:02

Jensen Huang Supports Chinese Open-Source AI Models; Regulator Intensifies Crackdown on "Involution" Competition

NVIDIANVIDIA
Nvidia CEO Jensen Huang praised Chinese open-source AI models, saying they are excellent and should be used. China's market regulator pledged to intensify efforts against "involution"-style competition. Other news includes a Chinese brain-computer interface breakthrough enabling synchronized EEG采集 across 1,000 people, and the U.S. announcing $5 billion for AI research.
Nvidia CEO Jensen Huang said in an interview that Chinese open-source AI models are outstanding and should be embraced, dismissing fears about their impact. China's State Administration for Market Regulation vowed to deepen the crackdown on "involution"-style competition. Chinese researchers achieved a major brain-computer interface milestone, collecting synchronized EEG signals from over 1,000 people across different regions. The U.S. White House announced over $5 billion in federal funding for AI-driven scientific research under the Genesis Mission. Mobileye founder Amnon Shashua plans to step down as CEO once a successor is found. China's securities regulator approved XinNuoWei's IPO on the STAR Market.
Source: 36Kr — original
Our earlier posts on this topic ↓
Fresh news